My experience going to Probate Court in Los Angeles is SHOCKING!
I am reminded of scenes from movies of cockfights, watching two estates with their attorneys spending huge sums on legal fees, court costs, and emotional drama, destroying long-term family wealth. My good friend Taunee English describes probate court as hiring an attorney after you pass to sue yourself while paying inflated court costs and letting your family legacy keep the crumbs.
It is my professional opinion that the easiest way to increase family wealth among middle-income families is if every homeowner just had a basic estate plan to avoid probate to make sure their assets were put to productive use.
It has been my mission since I started specializing in probate real estate to help families avoid the horror of probate court. Towards that, I have interviewed estate planning attorneys and services throughout the year and have them on my Youtube channel (www.Youtube.com/BillGrossEXP).
For those who think that such a plan is too expensive, with technology coming to the legal industry there are companies that have created basic plans available online for nominal fees. Of course, there is a wide range to these companies, like in any business, and while many are poor, a few are excellent. it is my professional (not legal) experience and opinion that even a "bad" estate plan is better than no plan 90% of the time.
The best online provider of basic estate planning services I have found is Trust & Will (TrustandWill.com). Recently, I had a chance to interview one of their managers (link here) and invited them to my weekly podcast show Probate Weekly (link here). As a result, they have offered my customers a 10% discount by using this link.
Additionally, for my customers that list a property and/or go into escrow between now and the end of the year, I will offer to pay for the plan myself (a $699 value) or provide an equivalent credit towards the legal fees of any of the attorneys I interviewed this year on my Youtube channel. If you have a basic situation, the online services are designed for you, but if you have a complicated estate, with higher net worth, blended families, and/or complicated business ownership then let's talk and I will be glad to introduce you to a more appropriate legal professional.
#probateattorney #probatesales #probaterealestate
I host two FREE Real Estate Zoom calls every week:
Real Estate Flipping / Investing Focused:
Tuesday 3PM Pacific Time
Link: https://www.eventbrite.com/e/so-cal-real-estate-investment-meetup-tickets-80900334077
Topic: So Cal Real Estate Investing Meetup
This group is for Landlords, Fix and Flip, Traditional and Non-traditional Real Estate Investing, as well as all Real Estate Service Providers (Agents, Title, Contractors, and more.),
Probate Focused:
Thursday 4PM Pacific Time
Link: https://www.eventbrite.com/e/how-to-get-your-first-sale-in-probate-real-estate-tickets-67396261031
Topic: How to Get a Sale NOW in Probate Real Estate
There are lots of programs that promise to help you sell a LOT of homes, but how do you get your 1st sale? As the baby boomer ages, the number of homes being passed on to heirs continues to increase. I'll share with you 11 different ways that I have generated a listing or buyer sale that do not cost you any money.
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